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HOW HAS BAHRAIN DEVELOPED INTO A GLOBAL CENTRE FOR BUSINESS? Since the past few years, Bahrain has diversified it’s market into various different sectors like hospitality, financial services, engineering, manufacturing etc. This has helped a great deal in increasing the economy of the nation and helped to create new source of employment for people from different parts and corners of the world. The advent of new businesses and firms has had a substantial positive impact on the economy of the nation. This has successfully helped in creating jobs for people from different corners of the globe and helped them to soar greater heights in their professional career. WHAT ARE THE REASONS FOR FOREIGN COMPANY FORMATION IN BAHRAIN? Some of the important reasons of setting up a foreign company in Bahrain are as follows • Strategic location among Gulf states • 100% foreign ownership • Highly feasible tax structure • Diversified and attractive economic policies • Efficient and high standard of banking system • Availability of educated and qualified professionals • Favorable business environment DIFFERENT TYPES OF BUSINESS ENTITIES IN BAHRAIN The types of permissible business entities that are allowed in Bahrain are as follows • Limited Liability Company ( WLL) • Single Person Company (SPC) • Bahrain Shareholding Company • Bahrain Free-zone Company • Bahrain Representative Office • Sole Proprietorship As the process of Company formation in Bahrain is quite complex and takes lot of time, it is quite important to consult an established agency for availing assistance regarding business set-up in Bahrain. Over the years, Helpline Group has garnered an important reputation with it’s effective services in foreign company formation and has played a key role in development of new businesses in Bahrain.